Macau casinos

The recent growth of the casino industry in Macau has sparked the interest of the worldwide market. The destination is famous primarily as the only region in China where the government allows and supports gambling. In fact, it is commonly referred to as ‘Asia’s Las Vegas’ and also the ‘Monte Carlo of the Orient.’

Macau is often compared to Las Vegas in Nevada, as it has a famous stretch of land called the Cotai Strip which is in many ways similar to the Vegas Strip. Surveys from the previous years show that in general, more money is spent gambling in Macau than in Las Vegas.

Macau, however, has not always been this way. Gambling was sanctioned by the Portuguese in 1847 but mostly Chinese games were played like the popular Fan Tan. During those times, gambling houses were called fan tan houses. As the years progressed, casino monopolies were granted to conservative businessmen, and eventually the western gambling style was introduced around the 1960′s.

In 1999, they retained the same gambling laws and policies even after Macau officially went being a Portuguese colony to fall under the regime of the People’s Republic of China. However, in the 21sh century, the casino monopoly was put to an end when major gaming corporations were given permission to put up their own casino establishments in Macau.

Presently, Macau’s economy is dependent and relies mainly on its gambling industry. The government currently gets around 70 – 75% of its income from taxes associated with gambling. Tourism also plays a hugely significant part in the system.

Initially, most of the people who play in Macau were the wealthy businessmen from nearby Hong Kong and China. But in the past few years there has been a steady increase of tourists from all over the world brought about by Macau’s opening its market to foreign developers. Evidently, Macau has quickly became established as one of top tourist destinations not only in Asia, but in the whole world.

There are currently 33 casinos in Macau, which means that there are a lot to choose from. Indeed, the biggest casino in the world which features more than 50,000 square meters of casino expanse is The Venetian Macau whose area of 10,500,000 square feet was designed to replicate famous sections of Venice, Italy.

Almost a third of the casinos are located in Taipa Island – a small island at the south of Macau which is connected by bridges to the main land. Other notable casinos are the MGM Grand Macau, Wynn Macau, and Sands Macau which are located in the Macau peninsula. So why not visiting Macau with the money you got from winning at online roulette? But of course you cannot use free money there!

Leave a Reply

You must be logged in to post a comment.